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Freddie Mac

Thursday May 8

Financial Stocks: Fannie Mae shares recover on steady debt rating, capital plan

“Our strong performance in the first quarter of 2008 highlights the growing demand for our broad array of products and services across all of our business units and the inherent operating leverage in NYSE Euronext's diverse business model”

U.S. financial stocks reversed course into positive territory Tuesday afternoon, led higher by a 6% rise in shares of mortgage finance giant Fannie Mae, which reported a bigger-than-expected loss and said it is ... via MarketWatch

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